Metfone earns $2.2bn in revenue over 10 years

Vietnamese military telecom firm Metfone has earned an accumulated revenue of more than $2.2bn during its 10 years of operation in Cambodia with accumulated profit reaching $300mn, according to a Viet Nam News report. Le Dang Dung, acting chairman of Viettel, the parent firm of Metfone, said by the end of last year Metfone had help Viettel pay back its dividend of nearly $250mn, nearly six times more than its investment capital. Starting offering services in Cambodia in 2009, the firm reported it has contributed $500m in taxes to Cambodian government and directly created 3,000 jobs. (Source: Phnom Penh Post)